Georgescu, George (2012): Fluxurile ISD in contextul crizei globale.
Preview |
PDF
MPRA_paper_40842.pdf Download (173kB) | Preview |
Abstract
Over time, foreign investments were the decisive factor contributing to the development of nations, but were the hardest hit during economic recessions. Under the circumstances of the world economy globalization and of the quasi-liberalization of international capital movements, leading to a high degree of financial markets interdependence, the impact of the crisis triggered in 2008 on FDI has been severe: decreased investment ability of companies, both on account of restricting access to financial resources and declining corporate profits; increased costs of financing on volatile international capital markets; reduced risk appetite of investors; deteriorated business climate; re-location of investments portfolio and the pressure of sovereign debts.
Item Type: | MPRA Paper |
---|---|
Original Title: | Fluxurile ISD in contextul crizei globale |
English Title: | The FDI flows under the global crisis effects |
Language: | Romanian |
Keywords: | global crisis; international capital flows; foreign direct investments; transnational corporations; economy recession |
Subjects: | F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms ; International Business E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements G - Financial Economics > G0 - General > G01 - Financial Crises |
Item ID: | 40842 |
Depositing User: | George Georgescu |
Date Deposited: | 12 Sep 2012 07:09 |
Last Modified: | 07 Oct 2019 16:32 |
References: | Alfaro L., Chanda A., Kalemli-Ozcan S., Sayek S. (2009) Does Foreign Direct Investment Promote Growth? Exploring the Role of Financial Markets on Linkages, NBER, May. Blonigen B. A. (2006) Foreign Direct Investment Behavior of Multinational Corporations, NBER Reporter: Research Summary, Winter. Bouwmeestera M. C., Oosterhavena J., Rueda-Cantucheb J. M. (2012) Measuring the EU value added embodied in EU foreign exports by consolidating 27 national supply and use tables for 2000-2007, WIOD Conference: Causes and Consequences of Globalization, Groningen, The Netherlands, April 24-26. Bruegel Report (2009) Impact of Financial Crisis on Trade and Investment, International Conference, Tokyo, February. Fortanier F. (2006) Foreign direct investment and host country economic growth: Does the investor’s country of origin play a role? University of Amsterdam. Georgescu G. (2007), Current Account Deficits and Implications on Country Risk of Romania, Romanian Journal for Economic Forecasting, No 4/2007, Expert Publishing House. Hansen H., Rand J. (2006) On the causal links between FDI and growth in developing countries, The World Economy, No 29. IMF (2011) Course on Balance of Payments and International Investment Position Statistics, Washington, D.C. Magalhaes M., Africano A. (2007) A Panel Analysis of the FDI Impact on International Trade, Working Papers University of Porto, nr. 235, January. Martens A. (2008) Trade Liberalization and FDI in Emerging Countries: An Empirical Study, University of Montreal, January. Mises Von L. (1995) Economic Policy. Thoughts for Today and Tomorrow, Free Market Books, Irvington-on-Hudson, New York. Narula R., Portelli B. (2004) Foreign direct investment and economic development: Opportunities and limitations from a developing country perspective 2004-2009, MERIT – Maastricht Economic Research, Institute on Innovation and Technology. UNCTAD (2009) Assessing the impact of the current financial and economic crisis on global FDI flows, UNCTAD, April. UNCTAD (2012) World Investment Report 2012: Towards a New Generation of Investments Policies, UNCTAD, New York and Geneva. Wacker K. M. (2011) The Impact of Foreign Direct Investment on Developing Countries’ Terms of Trade, Working Paper No. 2011/06, ONU-WIDER, February. Zaman G., Georgescu G. (2011) Sovereign risk and debt sustainability: warning levels for Romania, în vol. Non-Linear Modelling in Economics. Beyond Standard Economics, Expert Publishing House, Bucharest, pp. 234-270. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/40842 |